The Economics of Abundance
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- Опубліковано 11 чер 2024
- In part 2 of our conversation with Professor Jessica Gordon Nembhard (@JohnJayCollegeCUNY) she goes deeper into the power of cooperatives and their positive impacts on society and democracy.
Watch Part 1 • Solidarity Economics
Learn more about her work www.jjay.cuny.edu/faculty/jes...
Sharing will Save the World.
fantastic video! think this needs to be a series, there's so so much to cover and it can be hard to even imagine what a transition towards more co-ops could look like. would love to dive deep on some the examples that Dr. Nembhard touched on here such as rural electricity cooperatives, contemporary co-ops led by young people, etc. Maybe a way in could be: how do we think about co-ops interacting with unions, for example
This was a great video thank you
What's actually on display here, in hyper-abundance, is economic ignorance.
Extremely important video but I’m afraid with Ai and robots, and their rapid evolution, we might be too late. 😢
Workers of the World Unite!💪
I think she has this backwards. Neo-classical economics assumes a non-zero sum game, because the alleged power of innovation is limitless (or substitutability is imagined). Therefore, absolute gains justify relative inequalities. Yet we know the world has finite resources, degrading natural systems, and a limited carbon budget. It is zero sum, and abundance is declining. Energy and nature are the true source of value, but while they were abundant, they needed to be devalued relative to capital. Only material equality based on citizenship can be justified to avoid a permanent sub-class. Of course that can come through many channels: redistribution, formal equality, cooperation, public ownership, public provisioning, shared services, planning, rationing, quotas, subsidies, rights, legal limits, etc.
Sounds like you aren’t interested in listening to colonized people because their “relative inequality” is justified jeeez you racist
Capitalism is a system of power, having nothing to do directly with the economy (haves and have nots). Accordingly cooperation without empowering mechanism is utopian socialism. Remember, with great power comes great responsability!
Very interesting many different stories to this whole narrative.Biggest problem with racial tensions and society break down is the absence of fathers in homes and the agenda of the welfare state .If you let men work and stay with their wife and don’t cut them off welfare divorce will go down .Divorce is the reason crime is so high, and tge breakdown of society.Abortion takes criminals off the street .Not many people like this statistic but it’s true .Having a criminal record in USA will lower your income by 30 to 50,000 less a year .
I would love to have a more detailed conversation about this. In the meantime I’d like to ask what do you mean by “let men work and stay with their wives.” Do you feel the government is directly responsible for that absence ((aside from mass incarceration, wrongful deaths etc.))??
@@Dreajoon reading book call the rise of a independent nation and about single women .i forget what state it was they let people on welfare work men and women and they found that divorce went down by 70% Simply put if guy gets girl pregnant and she becomes a dead weight in relationship letting the man and women collect welfare and working gets them out of bad neighborhood’s into sporting programs ,dance piano lessons and helps families out.The broken family cost the government way more money by having crime increase more drinking,drugs Getting divorced is child abuse .
Most men homeless on street have been destroyed by having marriages break up making it impossible for man to make money as they impose 50 percent of their income going to support payments .Alas men just give up .
I think unions are a much better, and more realistic path forward than co-ops.
Many co-ops eventually run into the problem where some are more equal than others.
There is no truly capitalist country. Every economy is a mixed economy.
The path forward is through stronger unions, higher legislated minimum wage rates (living wage), and massively more progressive tax rates.
Government must always step up and provide what a free market system just will not do.
Economies must be managed to ensure the highest standard of living for the greatest number of people.
And that's quite complicated when human nature, exorbitant privilege, and hegemony play major roles.
With the coming end of exorbitant privilege, we are going to see a massive reversal of the income and wealth gap that was allowed to grow as much as it did over the past 45 years.
Decentralised autonomous organisation DAO’s
Give this a listen...
Things it would have been helpful to know before the revolution - Father John Misty
Where does she get this odd ideas? Why do you let people spreading this lies on your channell?